Jet.com

NEW YORK — Nielsen announced Thursday that it had been named Walmart’s preferred provider of point-of-sale data, and was expanding its partnership with the giant retailer. Nielsen chief executive officer Mitch Barns shared details of the arrangement during the the company’s Investors Day conference. According to Barns, Nielsen and Walmart are teaming up to create

HOBOKEN, N.J. — Walmart’s Jet.com online retail unit has unveiled a new consumer essentials brand called Uniquely J. More than 50 SKUs are now available for Uniquely J, spanning such categories as coffee, condiments, cleaning, laundry, pantry, paper and food storage. Jet.com said more items will be added to the brand in the coming months

BENTONVILLE, Ark. —Walmart has acquired Parcel, a company specializing in same-day delivery of perishable and non-perishable goods to customers in New York City. “Delivery is increasingly one of the most important elements for today’s online shoppers, as demands for speed, flexibility, and reliability continue to grow,” Nate Faust, senior vice president, Walmart U.S. e-commerce supply

HOBOKEN, N.J. — Walmart’s Jet.com plans to introduce a line of upscale private label merchandise aimed at urban millennials. The new brand, called Uniquely J, will include food, beverages and household goods, and is expected to debut in the next two months, according to published reports, which indicated that the line will later expand into

Jet.com has a knack for shaking things up. The upstart e-commerce company, which was launched by a group headed by Marc Lore in July 2015 and a little over a year later sold to Walmart for $3.3 billion, is making its first foray into brick-and-mortar retailing, and, true to form, it is doing so in

BENTONVILLE, Ark. — Walmart is reportedly close to making a deal that would put men’s apparel retailer Bonobos Inc. under the umbrella of its Jet.com e-commerce unit. The negotiations were reported by technology website Recode, which cited unnamed sources with knowledge of the matter. Bonobos, based in New York, sells men’s suits, dress shirts, outerwear,

NEW YORK — Walmart plans to streamline its buying process so that the same merchants can purchase products for the retailer’s stores and its web site, according to published reports. The move should help Walmart leverage its considerable buying power to make its online offering more compelling to consumers. The new approach will mean that

Walmart’s decision to acquire Jet.com speaks volumes about how the leadership team at the world’s largest retailer sees the impact of e-commerce on the consumer goods market, the company’s future role within the sector, and the transformation of the corporate culture created by Sam Walton more than half a century ago to ensure that Walmart

BENTONVILLE, Ark. — Following recent reports that a deal was in the works, Walmart announced that it’s acquiring online retailer Jet.com Inc. in a transaction valued at $3.3 billion. Walmart said Wednesday that under the agreement, it will buy Jet for about $3 billion in cash and $300 million in Walmart shares. Some of the

BENTONVILLE, Ark. — Walmart is in talks to buy online retailer Jet.com, according to a report by The Wall Street Journal. Jet.com, which launched its e-commerce web site in July 2015, was co-founded by Marc Lore, who serves as its chairman and CEO. Lore is an e-commerce veteran, having sold his previous online retailing venture,